One: very interesting move by
@the_dtcc moving onto an actual public blockchain. This is starting to move their project away from pure theater for private entities only towards the possibility of self-custodial, composable building onchain. A very positive step and I salute both DTCC and Stellar for this move.
Two: For a long time, I have been saying that there are a subset of blockchains better suited to institutional adoption than others. Those with structured and customizable controls around assets, validators, and trust assumptions are likely to dominate (e.g.
@StellarOrg, or if you want another option,
@avax). These are some of the most disfavored by crypto natives, but the thing to understand is the institutional preferences are not the same.
Institutions care more about open access credible neutrality amongst each other appropriate controls than maximum decentralization.
Think open banking, not cypherpunk.